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What would be the marginal tax rate on the last dollar

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Reference no: EM131122974

Rolf Lee is also considering organizing the Capital-Ideas Company as an LLC.

A. Use information contained in Problem 6 to estimate the federal income tax liability in the second year of operation if Capital-Ideas is an LLC.

B. What would be the marginal tax rate on the last dollar of taxable income and what would be the average tax rate?

Reference no: EM131122974

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